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EIB to Contribute Up to €300M in Financing to Valeo for €645M Fuel Consumption and Emissions Reduction Projects

Green Car Congress

The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. billion were in France. management of the vehicle. Earlier post.) billion (US$81.9 billion); €51.5

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Finnish electric powertrain company Visedo raises €20M to support global expansion; SRPM technology

Green Car Congress

Visedo, a Finnish manufacturer specializing in electric powertrains and components, has secured a financing package of €20 million (US$21 million) to support its international growth plans. The financing consists of an equity investment of €13.5 million, an EFSI loan of €5 million and €1.5 million in funding from other sources.

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DOE awards $4M to carbon capture and storage projects selected as part of ACT

Green Car Congress

The US Department of Energy’s (DOE) Office of Fossil Energy (FE) announced $4 million in federal funding for national laboratories to collaborate with international partners on seven projects out of the 12 that were selected as a part of the Accelerating Carbon Capture and Storage Technologies (ACT) Initiative. million of which €31.5

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UNEP and partners launch Global Initiative for Resource-Efficient Cities; role of public transport

Green Car Congress

The United Nations Environment Programme (UNEP) and partners have launched a new initiative that aims to reduce pollution levels, improve resource efficiency and reduce infrastructure costs in cities across the world. In such a rapidly urbanizing world, cities are increasingly becoming the focus of international sustainability efforts.

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The Case for Nuclear Cargo Ships

Cars That Think

At a July meeting of the International Maritime Organization , the U.N. Emblemsvåg and the NuProShip team picked three reactor designs after analyzing 93 concepts in the International Atomic Energy Agency’s SMR handbook. Commercial ships traversing international borders will face different regulations at different ports.

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Continental extends term of Nikolai Setzer as CEO, appoints new board member for automotive group sector – ET Auto

Baua Electric

After strategically realigning the automotive business with a market- and customer-focused structure – despite an extremely difficult environment – Setzer will now hand over responsibility to von Hirschheydt. “I Setzer has worked at Continental since finishing his studies in engineering management in Germany and France in 1997.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Since litigation is often the most costly and acrimonious way to settle a business dispute, a better alternative would be to create an environment where the ZEV mandates could be met. Throughout 2014, Tesla Motors fortunes will have tongues wagging (and international car buyers salivating) as the brand becomes a global phenomenon.

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